In the October update of 'Global Trade Outlook and Statistics', WTO economists provide new analysis on the build-up in inventories in 2025 and the robust trade in artificial intelligence-related goods such as semiconductors, servers, and telecommunications equipment…
The U.S. is one week away from imposing port fees on certain vessels with links to China, a move expected to cost the top 10 carriers $3.2 billion next year as President Donald Trump seeks to address China's growing dominance on the high seas…
With a unanimous vote by its Board of Directors, the South Carolina State Ports Authority (SC Ports) announced Micah Mallace as President and CEO.Mallace assumes leadership of the port after a long and distinguished career in the maritime and logistics industry…
Subic Bay International Terminals and ICTSI Subic, subsidiaries of International Container Terminal Services, Inc. (ICTSI), have secured a 25-year extension of their respective concession agreements with the Subic Bay Metropolitan Authority…
U.S. LNG exports hit a record in September at 9.4 million metric tons, beating their previous record of 9.3 million MT in August, according to preliminary data from financial firm LSEG.The increase was fueled by strong sales to Europe and Asia…
Ørsted has signed a lease agreement for up to 100,000 square meters at the Port of Tyne, one of the UK’s major deep-sea ports, to support the development of its Hornsea 3 offshore wind farm.The site, located at Tyne Clean Energy Park in South Shields…
New analysis by Maritime Strategies International cites emerging evidence that the demand side of the industry will prove better-insulated from tariffs than was expected earlier in the year, while a dynamic where Chinese exporters continue to…
Russian wheat export prices rose last week in response to news of a large Iranian purchase and against a backdrop of limited supply, as bad weather at ports hampered shipments, analysts said.The price for Russian wheat with 12.5% protein content…
The Panama Canal Authority (ACP) has launched the concessionaire selection process for a natural gas pipeline project, holding its first market engagement event with more than 45 representatives from global energy companies.The 76-kilometre pipeline…
South Africa's logistics company Transnet on Thursday said it has agreed a 10-year partnership deal with German equipment maker Liebherr for the supply of cranes as it seeks to upgrade and modernize its port operations.The two parties have also agreed on a 20-year asset management program…
South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive America's ailing shipbuilding industry.The…
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